John Reinhardt
REALTOR
770.475.1130 Ext. 6806
This December, the Atlanta Development Authority will present A Day of Hope. This event, which is open to the public, will focus on educating citizens in the areas of homeownership and wealth building. The first Day of Hope will be held in the Historic Westside neighborhoods on December 5 from noon until 4 p.m .
John Reinhardt
REALTOR
770.475.1130 Ext. 6806
John Reinhardt
REALTOR
770.473.1130 Ext 6806
Atlanta is often recognized for its traffic jams, so it may come as a surprise that there are many parts of the city in which living car-free is possible. Atlanta ranks 22nd out of the 40 largest U.S. cities for walkability, according to Walk Score, and two of its neighborhoods qualify for the title of "walkers' paradise."
 Carroll St. Café |
Walk Score (www.walkscore.com) helps people and businesses identify walkable places to live and locate. By calculating the proximity of an address to nearby stores, restaurants, schools, parks and other amenities, Walk Score goes block-by-block through cities to measure how easy it is to live a car-lite lifestyle there. The ratings that arise from this analysis range from 0 to 100, with 100 being the best. Neighborhoods that achieve a score of 90 or higher are considered to be a walkers' paradise.
Atlanta's top five most walkable neighborhoods are Five Points, Poncey-Highland, Sweet Auburn, Midtown and Inman Park. Twenty-seven percent of Atlanta residents have a score of 70 or above, 49 percent have a score of at least 50, and 51 percent live in car-dependent neighborhoods, according to the Walk Score analysis. To see a walkability map of the entire city of Atlanta and learn how your neighborhood stacks up, visit http://www.walkscore.com/rankings/Atlanta.
John Reinhardt
REALTOR
770.473.1130 Ext 6806
John Reinhardt
REALTOR
770.475.1130 Ext 6806
ATLANTA - The City of Atlanta has received $1.1 million from the federal government under the American Recovery and Reinvestment Act to address foreclosures in the city's hardest hit neighborhoods. The Atlanta Development Authority will administer the downpayment assistance program on behalf of the city of Atlanta as part of the Neighborhood Stabilization Program. This month, lenders and realtors will be trained on how to use the program and process applications.
The program, which is geared toward homebuyers, will be launched to the public in late October. Prospective buyers must use a lender from the list of ADA-approved lenders located on the ADA website at http://www.atlantada.com./buildDev/documents/Lenderslist8-14.pdf.
Homebuyers will be able to receive up to $25,000 toward a downpayment if they buy a vacant foreclosed home in one of the city's NSP-eligible census tracts. For a listing of eligible NSP census tracts, visit www.atlantaga.gov. To determine if the property is located in an eligible census tract, click here. The purchase price of the home cannot exceed $252,890 and the gross household income of the purchaser cannot exceed 120 percent of area median income. Homebuyers can contact approved lenders listed on ADA's Web site to qualify for a first mortgage.
"Foreclosures and mortgage fraud have hit hard in Atlanta's most vulnerable communities," says Dawn Luke, Deputy Director of Housing Finance for the ADA. "With the dollars we have, we hope to turn 50 empty houses into homes for deserving families. Neighborhood stabilization has become mission critical for all of us."
John Reinhardt
REALTOR
770.475.1130 Ext 6806
John Reinhardt
REALTOR
770.475.1130 Ext 6806
The Atlanta Development Authority has had a good fall in terms of business recruitment and expansion. The College Football Hall of Fame announced it would be relocating to Atlanta, Finnish company Kemira celebrated the grand opening of its research and development facility, and biotech firm Iverson Genetic Diagnostics, Inc. announced plans to open a regional genetic testing laboratory at the Morehouse School of Medicine.
The ADA played a supporting role to the Chick-fil-A Bowl, the State of Georgia, and Central Atlanta Progress in landing the relocation of the College Football Hall of Fame from South Bend, Ind. A new $50 million facility to house the Hall of Fame is expected to open in the fall of 2012 near Centennial Olympic Park, joining a host of other major tourist attractions in downtown Atlanta.
The final site selection is expected to be announced later this year. Facility design for the building project is will be complete later this fall, with construction on the 50,000-square-foot structure beginning next spring. It is likely the new College Football Hall of Fame facility will be adjacent to Centennial Olympic Park and near the new Center for Civil and Human Rights, also expected to open in 2012.
Finnish chemical company Kemira celebrated the grand opening of its new consolidated North American research and development facility on September 29. The space is located at Georgia Tech's Technology Enterprise Park.
The Atlanta Development Authority, the economic development arm of the City of Atlanta, laid the groundwork for this deal though its financing of TEP in 2006. The facility, which brings 85 new jobs to Atlanta, will house research and development professionals focused on enhancing development and commercialization of innovative technologies and products for the pulp and paper, water treatment and oil and mining industries. The new R&D center is one of five globally for Kemira and the only R&D location in North America.
Finally, a leader in the emerging field of gene-based health information, Iverson Genetic Diagnostics, Inc., announced that it is opening a regional genetic testing laboratory at the Morehouse School of Medicine in Atlanta.
The ADA assisted Iverson during the location-selection process. The initial phase of this cutting-edge laboratory will be the development of a 2,000-square-foot genetics lab with an investment of $2.5 million. This lab will create 13 new jobs on the MSM campus.
These deals represent significant wins not only for the ADA, but for all of its partners who share in these successes as well as the city of Atlanta and its ever-growing tourism and bioscience industries.
John Reinhardt
REALTOR
770.475.1130 Ext 6806
John Reinhardt
REALTOR
770.475.1130 Ext. 6806
I have for sale by owner homes not listed with no sign in yards wanting to sale.
Market Report Sept 2009 Glen Abbey Subdivision
An Old English-style clubhouse greets guests with a cozy fireplace, full kitchen and ample space for social gatherings and neighborhood meetings. A full-time recreation director/tennis pro allow homeowners to get in shape without ever leaving home.
Just minutes from Atlanta's best shopping, dining and entertainment, Glen Abbey is your best choice when location is most important. Many residents take advantage of the North Georgia mountains or Lake Lanier which are less than an hour away. Numerous entertainment and cultural attractions the city of Atlanta has to offer are just minutes down Georgia 400. With such an outstanding North Fulton location, Glen Abbey is one of the most sought-after communities in Atlanta.
Serving Metro Atlanta & Suburbs. Solid Source Realty, InFrontMarketing.com - John J. Reinhardt - 770.475.1130 Ext. 6806
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